Multiple Choice... - 09/24/07 03:15 PM
Once you decide to list your home for sale, how long will it take to sell?  How long should you give the agent to successfully market your home?
The best answer is to be reasonable.  But what's reasonable?  30 days?  What about 300 days?  Of course, there is no standard response.
Let's look at how to determine the right amount of time in your situation.  With each real estate market being different, it takes longer to sell a home in some areas than others.  A home that may sell in 15 days in one city may take 87 days in another, … (0 comments)

No Time Like The Present... - 09/24/07 03:13 PM
How do you know when it's a buyer's market?  Look at your watch.  If the date is today - then it's a buyer's market!  How can that be?  Because a buyer can find just the right home at a favorable price 365 days of each year.
Start by defining for yourself the meaning of "buyer's market."  Does it mean purchasing a home at a bargain price?  Well, there are always homes available at below market prices, but be careful. While you're waiting for prices to drop, you may be faced with higher interest rates, and thus higher payments. 
The reverse can … (0 comments)

No Deposit, No Return! - 09/13/07 03:16 PM
When buying a home, would you consider asking the sellers to "hold" their home off the market without offering to give them a deposit? As a seller, would you take your home "off the market" for purchasers who were unwilling to give you a sum of money as a deposit? In both cases, the answer is probably "No!" A very important message is communicated from buyer to seller by the so-called "earnest money deposit." It is understandably common for homebuyers to want to offer as small a deposit as possible when signing an agreement to purchase a home, and just as … (0 comments)

Bring'em On!! - 09/03/07 09:42 AM
In a highly competitive industry like real estate, what reasons would a seller have for going it alone?  Not surprisingly, the majority of unrepresented sellers choose to sell By Owner in order to avoid paying a commission. 
Before traveling the For Sale By Owner route, consider the following question.  Would you be willing to pay a commission if a real estate agent brought a ready and willing buyer to you?
Focusing too much on commission might be penny-wise but dollar foolish, especially when you learn that homes sold by realty professionals fetch 16% more than those sold by unrepresented sellers.  16% … (0 comments)

 

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